Answer:
False.
Explanation:
Accounting systems that use standards for product costs are standard cost systems.
In Financial accounting, various business firms or companies use the standard cost systems to determine the variances or differences between the actual (real) cost of goods produced and the estimated cost for the goods that were produced by the company.
Hence, standard cost systems are used by business firms or companies as a strategic tool or technique for the management and control of costs, budget planning, and analyzing cost management performance at a specific period of time.
Demand.
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Answer:
$75.12 million
Explanation:
For computation of Valence's share price first we need to find out the share price which is shown below:-
Share price = (Paid earning of Valence × Ended year of expected earning) ÷ (Equity cost of capital - Expected growth rate)
= (40% × $800 million) ÷ (9% - 7%)
= (0.4 × $800 million) ÷ (0.09 - 0.07)
= $320 million ÷ 0.02
= $16,000 million
Now, Valence's share price
= Total value ÷ Outstanding total shares
= $16,000 million ÷ 213 million
= $75.12 million
Answer: Option D
Explanation: In simple words, price elasticity refers to the degree of change in demand of a commodity with respect to change in its price. It generally shows the fact that when the price of a commodity rises the demand for ti decreases due to various phenomenon coming into force such as income effect etc.
The price elasticity is calculated by dividing the change in quantity demanded with the change in price.
I believe that the answer to the question provided above is that by agreeing on single issue of inflation is due to the need to have one . For the sense of having singularity for the group.
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